A buyer’s view of the stateside market

One Thousand Museum, designed by Zaha Hadid Architects, is one of the tallest buildings in Miami. Flats start from $5.8 million through One Sotheby’s International Realty

A year on from when a billionaire who made his fortune in property was sworn in as the 45th president of the US, it is perhaps befitting that the American market is riding high.

Stability may not embody Donald Trump’s style of government, yet American real estate continues to be a safe-haven investment for the world’s super-rich. Foreign expenditure on luxury real estate in the US has risen to a high of £5.78 billion ($7.48 billion), according to a report by Beauchamp Estates, an estate agency. In the 12 months to March 2017, non-resident foreign sales for property priced at more than $1 million was 72 per cent higher than the previous year, with 44 per cent of transactions paid in cash.

The US is…

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